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Topstep is a financial technology company based in Chicago, Illinois, founded in 2012 by Michael Patak, a former floor trader. Originally named TopstepTrader, the company rebranded to Topstep in 2020 after a merger. The name reflects the ideal position on the trading floor, emphasizing the companys commitment to enhancing traders skills. Topstep specializes in evaluating day traders through real-time simulated trading accounts. Its three-step funding process, known as the Trading Combine, assesses traders on profitability and risk management before providing them with a funded trading account to trade futures contracts. The company also offers educational resources, including group and digital coaching, blogs, podcasts, and live streams to help traders improve their skills. Topstep focuses exclusively on futures trading and utilizes Ninjatrader and Quantower as its primary trading platforms. The company targets retail traders looking to enhance their trading abilities and offers professional support to help them succeed. With a team of over 140 members, Topstep promotes a culture of innovation and continuous learning.
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